In the latest episode of the Seatrade Maritime Podcast, Joey Ng, Global Head of Decarbonisation and Fuel Transition at Braemar, joins Marcus Hand, Editor of Seatrade Maritime News, to discuss the shipping industry’s accelerating journey toward decarbonisation. The conversation delves into the International Maritime Organization’s (IMO) Net Zero Framework, the preparedness of shipping companies, and how data and brokers are shaping the path forward.
The IMO Net Zero Framework: Challenges and Opportunities
Ng emphasized that the decarbonisation of shipping is now at a pivotal stage, with the IMO’s Net Zero Framework setting ambitious goals for the industry. While these targets present major challenges such as technological adaptation and financial investment they also open opportunities for innovation in fuel transition and emissions management.
He noted that many companies are actively exploring low-carbon fuels and energy-efficient technologies, but the readiness to meet upcoming regulations varies across the sector. The need for clear timelines, reliable data, and collaborative efforts remains key to achieving compliance and sustainability.
The Role of Data and Brokers in the Decarbonisation Journey
Data is becoming the backbone of maritime decarbonisation, according to Ng. It helps companies measure emissions accurately, track progress, and make informed decisions on carbon reduction strategies. Moreover, the evolving role of brokers is increasingly important as the industry navigates the complexities of carbon levies and trading mechanisms.
Ng also shared insights from his practical experience and from the recent decarbonisation panel at the Marine Fuels360 events, where industry leaders discussed how carbon pricing and policy changes are reshaping operational and commercial strategies.
The discussion highlights that decarbonisation is not just an environmental commitment but a transformative business shift for global shipping. As the IMO’s regulatory framework tightens, stakeholders must embrace data-driven solutions, new fuels, and strategic partnerships. With experts like Joey Ng leading the conversation, the maritime sector is steadily steering toward a sustainable, net-zero future.
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Source: Seatrade Maritime
